What You Need To Know About Bank Wire Transfers
Wire transfers are a service offered by every major bank in the world. Before you initiate payment through wire transfer, be aware that your bank may charge the following for the transfer:
(a) a fee for the wire transfer service
(b) hidden charges that your home bank is charged by other routing banks during the wire transfer
You are responsible for both (a) and (b) above. Pay extra attention to (b). As payment is wired to Babiken's bank account, other interim banks that participate in the routing process will sometimes charge a fee (without clearly notifying your home bank in advance). As a result, lots of hidden charges may be incurred on the total that you wire - resulting in a much reduced sum by the time the amount arrives at Babiken. Note that our bank does not charge additional fees and you should ask your own bank about all charges (including hidden ones) that will be charged against the amount you wire.
As such, please be sure to wire enough to cover all charges so that the final net amount paid to Babiken equals the TOTAL amount for your order. Beware that some bank branch executives are usually unaware and don't understand these hidden charges so be sure to pressure them to check.
Note: The package will not be shipped until Babiken gets the full payment for the order.
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